Bitcoin has just opened one of the most important weekly candles for the mid term btc charts. What this btc candle does next will decided the likely momentum and move of bitcoin price for the short to mid term. This means that if the weekly btc candle confirms downward momentum by breaking this very critical line, then btc will likely not be entering the bull market as soon as many thought.
From the bitcoin video today – https://bitcoinist.com/historical-analysis-bitcoin-price-undergo-quick-reversal/
Cycles of Bitcoin – https://www.tradingview.com/chart/BLX/IzGnRABO-The-Cycles-Of-Bitcoin-Speculative/
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